First a pretexting scandal under one CEO’s watch, then the abrupt departures of two more CEOs, and now an $8.8 billion write-down as a result of an ill-fated acquisition. For Hewlett-Packard Co., the bad news just keeps coming.
The Palo Alto-based computer and information technology giant announced Tuesday that it has asked regulators in both the U.S. and U.K. to probe alleged financial improprieties involving British software company Autonomy, which HP acquired for $11.1 billion last year, according to Recordersibling publication Law Technology News.
